KUALA LUMPUR, July 9 — Bank Negara Malaysia’s (BNM) decision to cut the Overnight Policy Rate (OPR) by 25 basis points to 2.75 per cent is a proactive stance to stimulate business activity, sustain domestic demand, bolster growth and maintain Malaysia’s economic resilience.
KUALA LUMPUR, July 9 — The ringgit closed lower against the greenback today as concerns over US tariffs continued to dominate market sentiment.
BANGKOK, July 9 — Thailand's consumer confidence declined for a fifth consecutive month in June, hitting the lowest rate in 28 months, due to concerns over ongoing political uncertainty and global trade tensions, a survey showed today, reported Xinhua.
KUALA LUMPUR, July 9 — The 25 per cent tariff imposed by the United States (US) is a decision made by its President Donald Trump and not the result of negotiations, said Investment, Trade, and Industry Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.
KUALA LUMPUR, July 9 — Malaysia remains optimistic about the outcome of its tariff negotiations with the United States, banking on certain sectors that could be favourable to both countries, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
KUALA LUMPUR, July 9 — The government will continue negotiations with the United States following the imposition of a 25 per cent retaliatory tariff on Malaysian exports.
WASHINGTON/BRASILIA, July 9 — United States President Donald Trump yesterday said the US would “pretty soon” charge a 10 per cent tariff on imports from BRICS countries, drawing another complaint from Brazil President Luiz Inacio Lula da Silva, who just hosted the bloc’s annual summit.
KUALA LUMPUR, July 8 — The ringgit closed lower against the United States (US) dollar as market sentiment weakened amid the US' latest reciprocal tariff policy adjustments, ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) meeting tomorrow.
KUALA LUMPUR, July 8 — The Investment, Trade and Industry Ministry (Miti) will be holding a press conference to address the latest reciprocal tariff rate of 25 per cent on Malaysian exports to the United States, said minister Tengku Datuk Seri Zafrul Abdul Aziz.
JAKARTA, July 7 — Indonesia will send its main negotiator to the United States (US) on Monday ahead of Washington's deadline for tariff agreements on July 9, with the two countries also due to sign a US$34 billion (RM143.9 billion) deal involving higher imports of US wheat, soybean, corn, cotton, and energy products.
KUALA LUMPUR, July 7 — The ringgit closed weaker against the United States (US) dollar on Monday but traded better against major currencies, as traders and investors are observing the US tariff situation.
BENGALURU, July 7 — US President Donald Trump yesterday said that countries aligning themselves with the "Anti-American policies" of BRICS, will be charged an additional 10 per cent of tariff.
HANOI, July 6 — Vietnam's economy grew at a faster pace in the second quarter of this year led by strong exports, in an encouraging sign just days after United States (US) President Donald Trump said he would place lower-than-threatened 20 per cent tariffs on many Vietnamese products.
JAKARTA, July 3 — Indonesia will sign a pact worth US$34 billion (RM143.5 billion) with business partners next week to boost purchases from the United States (US), as part of efforts to strike a trade deal with Washington ahead of the July 9 deadline.
WASHINGTON/HANOI, July 3 — The United States will place a lower-than-promised 20 per cent tariff on many Vietnamese exports, Donald Trump said yesterday, cooling tensions with its 10th-biggest trading partner days before the US president could raise levies on most imports.
WASHINGTON, July 2 — United States (US) President Donald Trump has said that he has struck a trade deal with Vietnam and would announce details later.
KUALA LUMPUR, July 2 — The ringgit closed lower against the United States (US) dollar today, as fading hopes of a trade deal ahead of the upcoming US tariff deadline weighed on investor sentiment.
LONDON/TOKYO, July 1 — Worries over future United States (US) tariffs are clouding the outlook for factories across much of Asia and Europe, according to surveys released on Tuesday, which nonetheless showed some were able to shrug off the uncertainty and keep growing.
KUALA LUMPUR, June 30 — The banking system's liquidity position remained healthy in May, supporting financial intermediation, said Bank Negara Malaysia (BNM).
LONDON, June 30 — Tariff cuts for the automotive and aerospace sectors have come into force after United Kingdom (UK) Prime Minister Keir Starmer finalised parts of a deal for relief from the United States' (US) import taxes.
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